PIMCO Corporate & Income Strategy Fund
PCN
83 hedge funds and large institutions have $96.3M invested in PIMCO Corporate & Income Strategy Fund in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 16 reducing their positions, and 11 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 16
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0.61% more ownership
Funds ownership: 14.67% → 15.28% (+0.61%)
2% less capital invested
Capital invested by funds: $97.8M → $96.3M (-$1.52M)
1% less funds holding
Funds holding: 84 → 83 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAS
Insigneo Advisory Services
Miami,
Florida
|
+$3.27M |
| 2 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$1.7M |
| 3 |
Morgan Stanley
New York
|
+$1.59M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.56M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$7.58M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$285K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$262K |
| 4 |
BAG
Bridgewealth Advisory Group
Fresno,
California
|
-$180K |
| 5 |
LW
Linscomb Wealth
Houston,
Texas
|
-$141K |
PCN Hedge Fund Activity: Q2 2024 in Review
83 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PIMCO Corporate & Income Strategy Fund (PCN) for Q2 2024, worth a combined $96.3M — down 1.6% from $97.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new PCN positions and 11 closed out — a net gain of 1 holder — while 33 added to existing stakes and 16 trimmed.
The largest buyer was Insigneo Advisory Services, opening a new position worth an estimated $3.27M. The largest seller was Axxcess Wealth Management, exiting entirely with an estimated $7.58M sold.
- 83 institutional investors held PIMCO Corporate & Income Strategy Fund (PCN) as of Q2 2024, down from 84 in Q1 2024.
- Funds reported $96.3M of PIMCO Corporate & Income Strategy Fund stock for Q2 2024, down 1.6% quarter-over-quarter.
- 12 funds opened new PIMCO Corporate & Income Strategy Fund positions in Q2 2024 and 11 closed out, a net change of +1 holder.
- The largest PIMCO Corporate & Income Strategy Fund buyer in Q2 2024 was Insigneo Advisory Services, an estimated $3.27M added.
- The largest PIMCO Corporate & Income Strategy Fund seller in Q2 2024 was Axxcess Wealth Management, an estimated $7.58M sold.
Based on aggregated 13F filings for Q2 2024.